Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...
Shares of Richemont rose after the Cartier owner logged better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry unit bucked a downturn in demand for high ...
Follow us on Facebook and join our Telegram channel for the latest updates. Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier ...
LONDON — Richemont has begun 2025 with a bang, surprising the markets with a 10 percent uptick in third-quarter revenue that sent luxury share prices soaring. Following an unexpectedly strong ...
Shares across the European luxury retail sector rose sharply on Thursday after Cartier-owner Richemont posted bumper Christmas jewellery sales. The sector has been in the doldrums as sales have ...
Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...
Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the ...
Richemont shares jumped by over 15% today after releasing better-than-expected results for its crucial third quarter, which ended on December 31. Sales rose annually by 10% at constant currency rates ...
Cartier owner Richemont on Thursday reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales rose to 6.2 billion euros ($6.38 billion) at constant exchange rates ...
Richemont, Johann Rupert’s golden child in the luxury goods industry, has delivered an unexpected boost for the industry with a remarkable sales surge during the holiday season. The company ...
Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive ...
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...